Why Warren Buffett Bet Nearly $1 Billion on Steel — And Why You Should, Too
2 Articles
2 Articles
Why Warren Buffett Bet Nearly $1 Billion on Steel — And Why You Should, Too
Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) has long viewed Nucor (NYSE:NUE) as a cornerstone of value investing. The Oracle of Omaha first scooped up shares in the 1990s, drawn to Nucor’s innovative electric arc furnace technology that revolutionized low-cost steel production. Over decades, this stake has symbolized Buffett’s faith in resilient, cash-generating industrial giants. Nucor, America’s largest steel producer, has re…
1 Dividend King Stock That Just Got a Huge Endorsement from Billionaire Warren Buffett's Berkshire Hathaway @themotleyfool #stocks $NUE
Key PointsBerkshire Hathaway built a 3% position in Nucor in the first six months of 2025. Warren Buffett and his team could be expecting a recovery in the housing sector. Another boost in 2025 will be Nucor's 53rd consecutive year of increasing its dividend. 10 stocks we like better than Nucor › Investing with Warren Buffett has long been a good strategy. Berkshire Hathaway stock has gained far more than the S&P 500 and other major indexes over…
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